Keyword: "brazil"

Mining News Pro - Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims of a fatal dam collapse and interfere with a landmark lawsuit against BHP in the UK.

Mining News Pro - Ilson Mateus, founder of Grupo Mateus SA, became the latest Brazilian to join the ranks of the world’s wealthiest after his food retailing chain went public in the country’s biggest IPO this year.

Mining News Pro - Brazil niobium miner Companhia Brasileira de Metalurgia e Mineração (CBMM) has inked a deal with British high-performance luxury carmaker Briggs Automotive Company (BAC) to supply niobium for the production of ultra-light, high-speed cars.

Mining News Pro - Brazilian iron ore exports increased 18.5% in September compared to the same period last year, to 37.86 million tonnes, after Vale increased the pace of production.

Mining News Pro - Brazilian federal and state prosecutors have asked a court to re-open a multi-billion-dollar civil action lawsuit against miners Samarco, Vale SA and BHP for damages caused by the Fundao dam burst in 2015, authorities said on Thursday.

Mining News Pro - Fitch has upgraded the credit rating of Brazilian miner Vale, saying the iron ore producer has lowered its chances of default after improving dam safety since a deadly disaster in 2019, the rating agency said in a note on Tuesday.

Mining News Pro - Diversified miner Vale is making further progress in its strategy of replacing fossil fuels, with the announcement this week that it is installing Brazil’s largest battery energy storage system (BESS) at a port in Rio de Janeiro to supply electrical demand.

Mining News Pro - Horizonte Minerals announced on Wednesday that it has executed a mandate to arrange a senior secured project finance facility of up to $325 million to fund the construction and development of its flagship Araguaia nickel project in Para state in Brazil.

Mining News Pro - For the Krenak indigenous people who live along the Rio Doce in southeastern Brazil, the waterway was their community’s lifeblood, a source of food and spiritual presence, where children were baptized and learned to swim.

Mining News Pro - Anglo-Australian miner BHP has dismissed as pointless and wasteful a £5-billion English lawsuit by 200 000 Brazilian people and groups over the 2015 collapse of a dam that led to Brazil`s worst environmental disaster.

Mining News Pro - The positive performance of Brazilian mining, even with the ongoing pandemic, reflects expectations of improvement in the country’s economy, said Minister of Mines and Energy Bento Albuquerque on Thursday.brazil, covid19,

Mining News Pro - More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil’s worst environmental disaster.

Mining News Pro - More than 200 000 Brazilian people and groups will next week kick off a five-billion-pound lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazil`s worst environmental disaster.

Mining News Pro - Iron ore prices soared to nearly $US110 ($157.4) per tonne yesterday, a level not seen since August 2019.

Mining News Pro - Global miner Anglo American has reached an agreement to buy 95 megawatts of wind power from Brazil`s Casa dos Ventos for 20 years, starting in 2022, according to a statement issued on Thursday.

Mining News Pro - The Brazilian Navy is monitoring the location of the ore carrier Stella Banner that sunk Friday off the coast of Maranhão.

Mining News Pro - Valterra Resource Corporation reported that it plans to issue up to a total of 15 million units in a non-brokered private placement at a price of $0.05 per unit for gross proceeds of C$750,000.

Mining News Pro - Brazil’s worsening COVID-19 crisis and the reduced shipment of iron ore from the South American country have led to a surge in global iron ore prices on the back of resilient demand from China.

Mining News Pro - A Minas Gerais state court in Brazil has revoked a decree from Brumadinho municipality that suspended Vale’s operating license after health agents said that the company’s onsite activities have “not respected the rules of social isolation.”

Mining News Pro - Iron ore prices were closing in on triple digits on Wednesday as optimism about a quick recovery in China, where more than half the world’s steel is forged, combined with supply fears from Brazil, the globe’s number two supplier.